Greece's biggest lenders are assessing whether or not Athens has implemented the required reforms needed to receive over AED 8 billion in bailout funds. This is just a slice of its AED 359 billion bailout deal. The European Commission, the European Central Bank, the International Monetary Fund and the European Stability Mechanism are all in Athens to inspect the progress of the contract. It's a deal which prevented Greece from exiting the single currency Euro in July.
China hits US defence firms with sanctions over Taiwan arms sales
China's foreign ministry has announced sanctions targeting 10 individuals and 20 US defence firms, including Boeing's St. Louis branch, over arms sales to Taiwan.
Dubai Free Zones Council reviews efforts to boost investor experience
The Dubai Free Zones Council, chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, held its 33rd meeting to discuss key priorities aimed at boosting Dubai’s business environment.
ADFD finances project to enhance water security in Mauritania
Abu Dhabi Fund for Development (ADFD) has contributed to a strategic project that will supply the city of Kiffa and the surrounding region in Mauritania with potable water.
Waymo to update software after power outage snarls self-driving vehicles
Alphabet unit Waymo has announced on Tuesday that it will update software used to operate its self-driving vehicles and improve its emergency response protocols after its robotaxis stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic.
Masdar to develop Southeast Asia’s largest floating solar plant
Abu Dhabi Future Energy Company – Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt floating solar photovoltaic project at the Chereh Dam in Pahang State.
